Speaking to ThePrint’s Editor-in-Chief Shekhar Gupta at Off The Cuff, Kotak Mahindra Bank MD & CEO Uday Kotak said govt could explore direct cash transfers route if needed.
The RBI proposed a 10-year limit on bank founders remaining as CEOs or full-time directors. Uday Kotak has headed Kotak Mahindra Bank Ltd. since he founded it 17 years ago in 2003.
Legacy of bad loans, NBFC implosion & historic bailout have left banks weakened coming into lockdown, which has stalled economy & led to surge in unemployment.
Mumbai Congress chief Milind Deora releases video in which Mukesh Ambani and Uday Kotak vouch for him. Do these industrialists have vested interests, asks Shiv Sena.
Uday Kotak's wealth nearly tripled since March 2014 when the RBI said he failed to meet the first of its successive milestones to reduce his stake in the Kotak Mahindra Bank.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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